Wednesday, April 6, 2011

Global turmoil boosts Smith & Wesson sales - Dayton Business Journal:

http://www.guesthouses.ie/user_detail.php?u=amopsypespemy
The Springfield, Massachusetts gun makerd (Nasdaq: SWHC) recently secured a rare order from the Indiaq Police Force after terrorists stormedeMumbai hotels. With support from the U.S. Embassy in New Delhi and the , Smity & Wesson secured an export license and began shipping weaponsin June. In its fiscal fourtjh quarter, the company secured orders from severapl law enforcement agenciesin Mexico, whos drug-related violence is on the rise. The companyu on Monday said net sales for the fourth quarter that ended Aprilk 30 surged 20 percentto $99.5t million compared with the year-ago Net income during the quarter was $7.4 million, comparedx with $3.3 million in the year-earlier period.
Smith & Wesso n President and CEO Michael F. Golden said in a statementg the results reflect a number of records for the including for cash levels and unfilled customer ordersxfor firearms.

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